Historical Foundations & Market Renewal
Union Properties (UP), founded in Dubai in 1987, stands as one of the UAE's oldest and most respected publicly listed real estate developers, renowned for iconic communities like Motor City, Uptown Mirdiff, and Green Community. Since 2022, the company has reduced its debt by 40% (from AED 1.47 billion to AED 575 million) while securing a new AED 150 million bank loan in Q1 2025 to fund expansion and projects generating AED 40 million in annual revenue. This robust financial health is reinforced by a 100% on-time project delivery rate, a competitive credit environment (3-month EIBOR at 2.75%), and 7% revenue growth in 2024.
Iconic Project Portfolio & Sustainable Developments
UP's landmark projects include Motor City – a motorsport-themed mixed-use hub anchored by the Dubai Autodrome – and family-centric Uptown Mirdiff, alongside the Takaya Tower, recognized in 2025 as the "Best Smart & Sustainable Project" for its eco-innovations like energy-efficient systems and green spaces. Embracing LEED-compliant design, UP has launched new developments such as the Takaya project in Motor City and encrypted residential-commercial ventures blending sustainability with modern aesthetics. Prime locations like Dubai International Financial Centre (DIFC) and Dubai Investment Park offer investors 12–15% rental yields and 30% capital appreciation potential.
Investment Value & East Gate Partnership
Union Properties provides flexible payment plans (e.g., 10% down payment, 4-year installments) and high returns in areas like Jumeirah Village Circle (JVC) and Downtown. Its 2025 strategy targets 10 million sq ft of gross development area and accelerated digital transformation, inspired by the smart-home tech of Takaya Tower. As an exclusive East Gate Agency partner, UP enables early access to upcoming launches and discounted investments, complemented by premium services from its ServeU subsidiary (property management, maintenance).
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